JLL closes sale of Boston industrial property portfolio
JLL has closed the sale of a fully leased, four-property multi-tenant industrial portfolio totaling approximately 286,000 square feet along with a one-acre land parcel in...
Facebook Canada launches grant program and new supports for small businesses
Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants, virtual training...
PATRIZIA invests in Asian PropTech venture capital platform
PATRIZIA AG has entered into a partnership with the Asian PropTech venture capital platform, Taronga Ventures, participating in the most recent close of its...
Savills expects growth in life science real estate sector
Savills has identified and examined the social, ecological, demographic and technological trends that will decisively determine the global real estate market and could cause...
Trez Capital, Hines JV buys self-storage facility in Wylie, Texas
A joint venture between Trez Capital, a diversified real estate investment firm and provider of commercial real estate capital and debt financing solutions, and...
Realterm closes Realterm Logistics Fund III at $370m
Realterm has announced the final close of Realterm Logistics Fund III (RLF III) at its hard cap of $370 million. RLF III is the...
U.S. real estate economists predict ‘short-lived recession’, survey finds
U.S. real estate economists are predicting some light at the end of the tunnel with a short-lived recession and above average GDP growth in...
US CRE prices continue to grow in April, says RCA
US commercial real estate (CRE) prices increased by 6.5% YOY, not far off the 6.7% gain seen this time last year, according to the...
Actis sells office property in Seoul
Actis, a global emerging markets investment firm, has sold Young City, a grade-A twin tower office building located in southwest of Seoul, Korea to...
Goldman Sachs raises $2.75bn for real estate secondaries fund
Goldman Sachs has raised its second dedicated real estate secondaries fund, Vintage Real Estate Partners II, with approximately $2.75 billion in capital commitments, exceeding...
Amazon announces five new utility-scale solar projects to power global operations in China, Australia,...
The five projects include Amazon’s first renewable energy project in China, second in Australia, second and third in Ohio, and 12th in the Commonwealth of...
U.S. hotel industry reported unprecedented lows during April 2020, says STR
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.
In a year-over-year...
